Eurasia Journal News

New Software Makes It Easier for LUKOIL to Digitize the Komi and Nenets Autonomous Okrug Fields

The Intellectual Field software creates a complete picture of the fields and allows you to quickly obtain highly accurate forecasts. LUKOIL-PERM continues to implement the Intelligent Field project. Digitalization of production processes will facilitate multivariate calculations of well operation. It will become easier for oilmen to determine the most rational …

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Eurasia Journal News

Lukoil Intends to Invest 14.5 Billion Rubles in Geological Exploration in Komi and the Nenets Autonomous Okrug Over Four Years

It is planned to construct seven prospecting and five exploration wells. LLC Lukoil-Perm (a subsidiary of PJSC Lukoil) intends to invest 14.5 billion rubles in geological exploration in the Komi Republic and the Nenets Autonomous Okrug over the next four years. The company expects to annually increase 5 million tons …

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Eurasia Journal News

The Merger of LUKOIL-PERM and LUKOIL-KOMI Into a Single Organization Has Been Completed

The subsidiaries of the LUKOIL Group, LLC LUKOIL-PERM and LLC LUKOIL-Komi, completed their merger. The LUKOIL-PERM enterprise now holds licenses for geological study, exploration and production of hydrocarbons in the Perm Territory, the Udmurt Republic, the Republics of Bashkiria and Komi, as well as the Nenets Autonomous Okrug. Current recoverable …

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Eurasia Journal News

LUKOIL Received a License for Development of The Demenevsky Subsoil Site

The LUKOIL-PERM enterprise was recognized as the winner of the auction for the right to use the subsoil of the Demenevsky site, located in the south of the Perm Territory. Its area is more than 159 km², its recoverable resources are 1.8 million tons of hydrocarbons. The license for geological …

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Eurasia Journal News

LUKOIL Promises to Preserve Jobs in Komi After Merging Its Subsidiaries

Lukoil-Perm will retain tax contributions to the budget of the Komi Republic and jobs after the takeover of Lukoil-Komi. This was stated by the head of Komi Vladimir Uyba at a meeting of the republic’s Coordination Council for Strategic Management. “There will be no fundamental changes,” noted Deputy Chairman of …

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Eurasia Journal News

LUKOIL-Komi Will be Abolished After Joining LUKOIL-Perm

LUKOIL decided to reorganize 2 of its production subsidiaries by merging LUKOIL-Komi with LUKOIL-Perm. The corresponding decision was made on July 24, 2023, according to the Fedresurs portal. As the message notes: after completion of the reorganization in the form of a merger, LUKOIL-Perm will continue to operate, LUKOIL-Komi will …

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Eurasia Journal News

LUKOIL: Alexander Leyfrid Appointed General Director of LUKOIL-Komi

LUKOIL would like to announce that Alexander Leyfrid, the former head of OOO LUKOIL-PERM, has been appointed General Director of OOO LUKOIL-Komi and also Vice-president of OAO LUKOIL (combined duties). Pyotr Oboronkov, the former head of OOO LUKOIL-Komi, will work in the corporate headquarters of the company. Oleg Tretyakov, formerly …

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Eurasia Journal News

LUKOIL: Approves Board Candidate List

The Board of Directors of OAO LUKOIL approved lists of candidates for election of the Board of Directors and the Audit Commission at the 2015 Annual General Shareholders Meeting. The list of candidates is based on the nominees put forward by shareholders who own at least two percent of the …

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New technologies at Lukoil: The “Geyser” Hydraulic Rod Pump

Lukoil-Perm recently completed field testing, and put into action, the “Geyser” hydraulic rod well pump. The hydraulic drive consists of two basic parts: the frame with hydraulic power cylinder, which is installed directly at the wellhead, and the pumping station, which is mounted next to the well in a control …

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